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Using QuickBooks Statements to Bill Customers

Are you aware that you can bill a Customer using a Statement Charge? This feature does have its limitations, but it would be helpful to you if you just want to accumulate charges before requesting payment. You might also have a customer or customers that you assess a regular monthly charge to. A Billing Statement will list the charges a Customer has accumulated over a period of time. As you...

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How to Correctly Record Your Sales Tax Installment Payments

It’s not uncommon for Non-Profits, Charities or For Profit companies to make HST Sales Tax Installments. There are many reasons for this and one may be that the Non-Profit or Charities organization, has only registered to file annually or that it’s sales base is below the CRA threshold. The second may be that the annual filer does not want to face an unexpected amount at the due...

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QuickBooks Lists – Renaming List Items

Before renaming a list item, as mentioned previously, so must also consider the impact it may have on prior year financial statements and reports. As always, before you make the change be sure to BACKUP your company file. Sure you can rename any list item but when you do that, Quickbooks automatically changes all existing transactions containing that item. That’s why I say to you, think...

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QuickBooks – Units of Measure on Sales Forms – Part 23

This is the final installment on units of measure and on the Inventory module. It deals with U/M on sales forms using the QuickBooks sample company, White Ridge. This company is going to order the marble for the kitchen remodel. I am going to order the marble using a purchase order and I will show you how easy I can convert from one unit of measure to another. This of course will be within the...

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QuickBooks Inventory – Assigning Measure Sets – Part 22

In Part 21, I created a measure set for Area for the QuickBooks sample company White Ridge Construction. White Ridge also buys and sells other items, and with that, uses different measurements. So, I could create a measure set for Length (inch, foot, yard, etc.), Count (each, box, case, dozen, etc.) or anything else that pertains to the business requirements. Once I create the measure sets, I...

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